Why Depreciation Hits Luxury Cars the Hardes
Depreciation affects luxury cars more seriously because their original purchase price is significantly higher than for regular vehicles. When you buy a luxury car, buyers pay a prize for advanced technology, superior materials and prestigious brands. However, these high pre -costs mean that even a small percentage of the value loss means a significant economic decline. In addition, the value of luxurious vehicles quickly decreases in the first years due to market preference f